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Florida

Apartment Building

Okaloosa County, FL Apartment Buildings for Sale

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7 properties

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Single-Story Duplex Portfolio

Updated: May 14, 2025

Single-Story Duplex Portfolio

816 Lark Street, Fort Walton Beach, FL 32547

$695,000

3,322 sqft 0.43 AC lot

Two‑parcel multifamily portfolio at 816 & 818 Lark St (see MLS #976434) with four single‑story duplexes totaling 8 rental units
Current gross rental income is approximately $9,130 per month and the portfolio is described as fully occupied
Seven units feature 2 bedrooms, 1 bathroom, open kitchen/living areas, covered back patios, washer/dryer hookups, and individual central heat/air systems
Unit 8 at 816 Lark includes 3 bedrooms, 3 full bathrooms, a dedicated office/flex room, attached 1‑car garage, and a large screened porch
Property includes private irrigation well for future landscaping, dedicated parking, and concrete driveways

This listing looks promising.

Here's a quick look at some key insights for

816 Lark Street, Fort Walton Beach, FL 32547

View Property Analytics

Est. Cap Rate

5%
NOI ÷ price
Est. NOI

$34K
Annual
Price @ 7% Cap

$491K
Suggested
Property Type

Duplex
Built 1982

View Property Analytics

Crestview Multifamily Investment Opportunity

Updated: Mar 19

Crestview Multifamily Investment Opportunity

507 Amos St, Crestview, FL 32539

$1,700,000

8,400 sqft

Newly constructed in 2021, minimizing potential maintenance costs.
Stabilized cash flowing asset with historically high occupancy rates (near 100%).
Significant value‑add opportunity through raising rents to market rates ($75-$150 below comparable properties).
Tenants responsible for paying electricity and water, reducing landlord expenses.
Consists of ten 2‑bed, 1‑bath apartments, a desirable unit configuration.

New Multifamily Investment Opportunity

New Multifamily Investment Opportunity

960 NW Denton Boulevard, Fort Walton Beach, FL 32547

$2,510,000

1,055 sqft

Ten newly constructed, tenant-occupied apartments in Fort Walton Beach, Florida.

Income-Producing Six-Plex with Updates

Income-Producing Six-Plex with Updates

22 Bobolink St NE, Fort Walton Beach, FL 32548

$880,000

2,816 sqft

Six-plex with long-term tenants and recent updates.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Multifamily Property in Fort Walton

Multifamily Property in Fort Walton

14 NW Cape Drive #A-J, Fort Walton Beach, FL 32548

$1,075,000

0.32 AC lot

Ten-unit multifamily property with strong income stream near Gulf Coast.

Waterfront Residence on Okaloosa Island

Waterfront Residence on Okaloosa Island

480 Santa Rosa Boulevard, Fort Walton Beach, FL 32548

$35,000,000

68,389 sqft 1.57 AC lot

Exquisite waterfront residence with updated units and Gulf views.

Modern Villa Near Santa Rosa Sound

Modern Villa Near Santa Rosa Sound

36 Hatten Ct, Mary Esther, FL 32569

$299,900

0.04 AC lot

3-bedroom, 2.5-bath villa near beaches and Hurlburt Field.

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Okaloosa County, FL, we suggest exploring several alternatives: similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ocean Springs Highway 90 Land

Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

Waterfront Lot in Treasure Island

Waterfront Lot in Treasure Island

141 104TH AVENUE, Treasure Island, FL 33706

$2,225,000

0.34 AC lot

Waterfront lot zoned for multifamily residential use in Treasure Island.

Greenville Development Opportunity: 1.33 Acres

Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

Asheville Development Opportunity: 5.94 Acres

Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

Off-Market Properties in Okaloosa County, FL

Consider similar Off-Market properties in Okaloosa County, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

157 Monahan Dr, Fort Walton Beach, FL 32547-3762

Value Estimation by Request

3,205 sqft 0.38 AC lot

315 Racetrack NW Rd

HIGH-RISE APARTMENTS

315 Racetrack NW Rd, Fort Walton Beach, FL 32547-1539

$3,475,000

Estimated value

36,072 sqft 4.30 AC lot

737 Arbor Lake Dr

Multifamily properties

737 Arbor Lake Dr, Crestview, FL 32536

Value Estimation by Request

12.84 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

302 Madison St, Niceville, FL 32578-1433

$520,000

Estimated value

3,096 sqft 1.56 AC lot

Okaloosa County, FL Apartment Buildings Market Trends and Statistics

Explore 11 apartment buildings for sale in Okaloosa County, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 83,982 square feet of properties for sale, with an estimated market value of $40,785,000.

Sale prices for two-family homes in Okaloosa County, FL start at $695,000, averaging $8,157,000, and reaching up to $35,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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